Tax Information for U.S. Students

Tax Information for U.S. Students

For each tax year, there are two tax education credits available to help you offset the costs of higher education by reducing the amount of your income tax:

See Tax Benefits for Education for more information on education tax credits.

T2202: Tuition and Education amounts certificate in lieu of Form 1098-T

In order to claim the tax credit/deduction, a student must attend an eligible institution of higher education. U.S. institutions provide their students with a Form 1098-T verifying the tuition and other required information. A tuition and fees deduction may be beneficial if you cannot use the credit if your income is too high. The Internal Revenue Services has not developed a form for foreign institutions. The University of Toronto issues the T2202: Tuition and Education Amount Certificate. The University of Toronto does not issue the Form 1098-T.

For tax years beginning after June 29, 2015, the law requires a taxpayer (or a dependent) to have received a Form 1098-T, Tuition Statement, from an eligible educational institution, whether domestic or foreign. However, you may claim one of these education benefits if the student does not receive a Form 1098-T because the student’s educational institution is not required to furnish a Form 1098-T to the student under existing rules (for example, if the student is a qualified nonresident, has qualified education expenses paid entirely with scholarships, has qualified education expenses paid under a formal billing arrangement, or is enrolled in courses for which no credit is awarded). If a student’s educational institution is not required to provide a Form 1098-T to the student, you may claim one of these education benefits without a Form 1098-T if you otherwise qualify, can demonstrate that you (or a dependent) were enrolled at an eligible educational institution, and can substantiate the payment of tuition and related expense.


University of Toronto Institution Details

  • The University of Toronto is an eligible Title IV institution.
  • Office of Postsecondary Education (OPE) ID Number is 00668800.
  • The University of Toronto’s Employer Identification Number (EIN) is 98-6001141. When using the EIN, you must also indicate the legal name of the institution as ‘Governing Council of the University of Toronto’.

If you have any questions, please visit the University Registrar’s Office Service Portal.  

  • Select “Get Help”
  • Select an area of inquiry: Financial Aid (OSAP, BSWD, UTAPS, etc.)
  • Further specify the area of inquiry: U.S.A. Student Aid